Here is my take.
I get bombarded constantly from ISU for money. Give to the Alumni Association, Give to Cyclone Club, Give to the Gridiron Club, Give to the ISU Foundation, Give to WeWill, Give to this auction, Give, Give, Give.
Then we hear how poor we are, how we are in a deficit, how we cant fund NIL, how everyone has more, how we might not be able to afford the light bill next month whatever.
But we paid players to come play at ISU, we paid Coaches to coach at ISU, we expected fans to give, to show up, to buy gear, etc.
Now instead of going to a bowl, and earning a share of the bowl payout, to give fans one more chance to cheer for this team, to have a destination to go this holiday season, to have one more feel good thing about this season, to possibly get a rare 9th win, we say piss on it, we dont need the money, we dont care that these players and coaches dont want to fulfill their obligation to play/coach, we dont care about the fanbase and their feelings, and beyond that we have plenty of money that we dont need the bowl pay, and we can afford the $500K fine.
Sorry, when I get asked by all those emails all those phone calls begging for money, I am going to say you didnt need my money in December, you had so much you didnt need the bowl money and had so much you could afford a $500K fine. You didnt want me to attend a bowl, or spend money on tickets, gear, travel, etc at a bowl destination.
So ISU didnt need me or my money for any of that, ISU doesnt need my money for anything else. Im done paying out the nose to be a fan. Especially when that money doesn not come with any kind of obligation for them to live up to their end of the bargain.
It sucks, but that is the way it is, in the current state of college athletics and how ISU is handling it.